News about ER

Muhibbah Engineering (M) Bhd (Jan 11, RM2.

KUALA LUMPUR (Jan 12): HeveaBoard Bhd has proposed to acquire a leasehold vacant land in Seremban for RM13.

KUALA LUMPUR (Jan 12): Gadang Holdings Bhd has entered into a deal to develop a townhouse project with a gross development value of RM160 million in Taman Putra Perdana, Puchong.

KAJANG (Jan 11): A Universiti Tunku Abdul Rahman (UTAR) team that recently conducted an analysis of the Malaysian housing market has concluded that it is best to buy properties now as it expected the current dampened market sentiment to recover in the first quarter of 2018.

SINGAPORE (Jan 11): Maybank Kim Eng has named CapitaLand Commercial Trust (CCT) as its top “buy” pick in the office sector with an unchanged target price of S$1.

Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).

KUALA LUMPUR (Jan 11): Muhibbah Engineering (M) Bhd has bagged a contract worth approximately 356.

KUALA LUMPUR (Jan 10): Jaycorp Bhd's 60%-owned unit Jaycorp Engineering & Construction Sdn Bhd (JECSB) has won a contract for the construction of a seven-storey shop cum office at Likas Bay in Kota Kinabalu, Sabah.

MAINLAND Penang will soon have its first international hotel chain, thanks to Exopuri Development Sdn Bhd.

SINGAPORE (Jan 9): CapitaLand Commercial Trust could be set for growth as it prepares to redevelop Golden Shoe Car Park (GSCP) into a higher value commercial building, and RHB Research has named it its top pick for the office property sector.